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erma4kov [3.2K]
3 years ago
5

There are three seating categories at a stadium. for a softball game, class a seats cost $15, class b seats cost $12, and class

c seats cost $9. design a modular pro- gram that asks how many tickets for each class of seats were sold, and then dis- plays the amount of income generated from ticket sales.
Business
1 answer:
Savatey [412]3 years ago
6 0

I guess this is how it works,

Module main();

Declare Integer ClassA = 15

Declare Integer ClassB = 12

Declare Integer ClassC = 9

Print (“Number of Class A tickets sold = “);

ClassAamount = getLine();

Print (“Number of Class B tickets sold = “);

ClassBamount = getLine();

Print (“Number of Class C tickets sold = “);

ClassCamount = getLine();

Display (“Total amount for Class A tickets is $” & ClassAamount);

Display (“Total amount for Class b tickets is $” & ClassBamount);

Display (“Total amount for Class C tickets is $” & ClassCamount);

End Module

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Assume that the interest rate on borrowings in south korea is 1 percent, but the interest rate on deposits in british banks is 7
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<u>The trader involved is in carry trade. </u>

<u> </u>

Further Explanation:

Carry Trade: It is defined as a strategy that is used in trading which involves borrowing money at a lower rate of interest and investing in an asset that gives a higher rate of return. It involves borrowing money in a currency that is having a low rate of interest and convert the borrowed sum of money into other currency. The amount is then placed in a deposit in the currency that offers a high-interest rate. It invests in the assets like bonds, stocks, real estate, or commodities that are designated in the other currency.

The two risks that are involved in carry trade are the risk of decline in the price of the assets in which investment is made and exchange risk. This is common in the Foreign exchange market.

<u> Therefore, the trader is involved in carry trade. </u>

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Answer details:

Grade: High School

Subject: Economics

Chapter: Types of trade

 

Keywords: the interest rate, South Korea, 1 percent, deposits in British banks, 7 percent, a trader, 1 million South Korean won, British pounds, deposits in a British bank, carry trade, trade involved in, FX market.

5 0
3 years ago
The world's largest producer of municipal solid waste (msw) is ____.
vlada-n [284]
Im thinking its the uk am i right
5 0
4 years ago
Read 2 more answers
Read the sentence.
sasho [114]

Answer:

The words aren't bolded, so it is difficult to know what kind of phrase and it is difficult to help you.

Explanation:

4 0
2 years ago
Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 44,500 share
steposvetlana [31]

Answer and Explanation:

The journal entries are shown below;

On March 1

Cash A/c $303,500

     To Common Stock $3 Par value (44,500 × $3) $133,500

       To Paid in capital in excess of par value $170,000

(Being the common stock issued is recorded)

On April 1

Cash $74,000

      To Common Stock, no par value $74,000

(Being the common stock issued is recorded)

On April 6

Inventory $43,000

Machinery $155,000

 To Common Stock (2,400 ×$20) $48,000

 To Notes payable $93,000

  To Paid in capital in excess of par value $57,000

(Being the shares are issued)

3 0
3 years ago
Sibila, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is considering
Ahat [919]

Answer:

c. It will increase.

Explanation:

Break even point is the level of activity at which a firm neither makes a profit nor a loss.

<em>Break - even units = Fixed Costs ÷ Contribution per unit </em>

therefore,

<u>Existing break-even point in units :</u>

Break - even units = $16,000 ÷ ($40 - $18) = 727.27 or 728 units

<u>New break-even point in units :</u>

Break - even units = $21,000 ÷ ($40 - $16) = 875 units

Conclusion :

The results show that break-even point in units will increase from 728 units to  875 units as a result of the changes

8 0
3 years ago
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